NSA Q4 2023 Earnings — National Storage Affiliates Trust Revenue & Financial Results | Market Cap Arena

NSANational Storage Affiliates Trust

$3B

Q4 2023 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$215M+2.2% YoY

Gross Profit

$159M73.6% margin

Operating Income

$87M40.4% margin

Net Income

$69M32.0% margin

EPS (Diluted)

$0.72

QoQ Revenue Growth

-1.7%

Cash Flow

Operating Cash Flow

$94M

Free Cash Flow

$85M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$5.9B

Total Liabilities

$3.8B

Stockholders' Equity

$1.4B

Cash & Equivalents

$65M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$215M	$211M	+2.2%
Gross Profit	$159M	$167M	-5.1%
Operating Income	$87M	$142M	-38.6%
Net Income	$69M	$31M	+120.8%

Revenue Segments

Tenant Insurance And Protection Plan Fees And Commissions

$6M39%

Tenant Warranty Protection

$5M31%

Property Management, Call Center, And Platform Fees

$4M27%

Retail Products And Supplies

$400,0003%